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BBC: Royal Mail buyer to make offer for all staff shares

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
Jefferson Starfish
Posts: 875
Joined: 12 Aug 2011, 15:32
Gender: Female
Location: Greendale DO

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by Jefferson Starfish »

Basildon Bond wrote:
01 Jul 2024, 04:32
They have got all the minor shareholders running for the phone now. "You'll lose out!". "Sell, sell, sell!". "Jump ship now!". Sounds like the language they use in the documents is intended to panic the minor shareholders all the while the big boys are hoovering the shares up.

Steady lads, steady.
I don't think anyone is suggesting you should sell before the takeover, but there's clearly disadvantages to being a minority shareholder afterwards.

It's not just in the documents provided, google it.
Neri1983
Posts: 7
Joined: 07 Nov 2019, 02:06
Gender: Male

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by Neri1983 »

It's easy to jump to the conclusion that they are trying to scare you into selling , I did myself initially but as suggested above a quick google search shows that it's just a fact that the shares become more difficult to sell in this situation.

One of many such articles: https://www.jonathanlea.net/blog/how-to ... e-company/
mjd24
Posts: 1387
Joined: 11 May 2008, 18:48

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by mjd24 »

So is anyone selling now or gonna wait?
the beautiful bd south
MAIL CENTRES/PROCESSING
Posts: 336
Joined: 06 Jun 2007, 20:48
Location: west riding of yorkshire

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by the beautiful bd south »

What do you do if you haven't received a letter about the offer?
TOO OLD TO DIE YOUNG
NWpostie
Posts: 3568
Joined: 04 Aug 2007, 17:32
Gender: Male
Location: Sector 001 Borg Collective, 6 o f 9

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by NWpostie »

So what's the timeline before the offer closes and the final result is known then monies sent to shareholders who have agreed to sell. :hmmmm
Six of Nine loves Seven of Nine, together in Electric Dreams.
BenacreNick
Posts: 1111
Joined: 18 Jul 2022, 13:27
Gender: Male

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by BenacreNick »

Hey NW. It's something like Sept/Oct to make your choice and then if authorised everything should go through in early 2025 with money paid 3 weeks later.

I will check the letter for you later....

Ok the IDS website offer doesn't actually give any dates as such, so I can't confirm for you, but I thought I read Sept/Oct somewhere ?

Can anyone else confirm for NW please ?
NWpostie
Posts: 3568
Joined: 04 Aug 2007, 17:32
Gender: Male
Location: Sector 001 Borg Collective, 6 o f 9

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by NWpostie »

Thanks, so possibly 3 month ish timescale.

Hopefully somebody can confirm.
Six of Nine loves Seven of Nine, together in Electric Dreams.
HTPostman
EX ROYAL MAIL
Posts: 1495
Joined: 01 Sep 2008, 23:53
Gender: Male

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by HTPostman »

25th September is when it’s voted through. And yes early 2025 is when money would be paid, I’m sure I’ve seen reference to the 1st quarter of 2025. I believe the period after September is when the Govt would do all kinds of checks.

I leave the job in October so I’m intrigued what would happen with mine, whether I would be paid out in 2025 or if I’d be told I have to transfer my shares to another provider. There’s not much info out there other than a phone number which had a long wait.
The day is gonna come when we’re all gonna have to testify.

526
twoloops
Posts: 1953
Joined: 24 May 2017, 20:52
Gender: Male
Location: Sheffield

Re: BBC: Royal Mail buyer to make offer for all staff shares

Post by twoloops »

Wish I had read that letter now, went straight in the shredder 😫